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that divided government sometimes has done very important things for the country. think of ronald reagan and tip o'neill reforming social security. ronald reagan and tip o'neill doing the last comprehensive tax reform. bill clinton and republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people. and we have, of course, as everyone well knows, a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way forward. and we look forward to being a part of the solution to these significant problems. it's my plesh shoe now to turn to our newly elected whip, senator john cornyn of texas. >> thanks, mitch. it's an honor to be elected by my colleagues to serve as the whip. the assistant leader on the republican side. as leader mcconnell said, we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solving the nation's urgent problems. we know what those are in the lame d
is the payback from party leaders? guest: there is change and then there is change. tip o'neill and ronald reagan got together and saved the program. sometimes you need to adjust to change the thing you care most about. tip o'neill did not sell off the democratic party by embracing that. if we do it in a responsible way that doesn't gut the program, i think the base of the party will understand. the alternative is doing nothing with bad damage to the economy, or the right wing of the republicans coming in and taking over and their answer to the solution would be much more draconian. host: jack in kentucky. caller: i have one question. can you guarantee -- guest: i thought you're going to ask why indiana university and kentucky and not playing basketball this year. for the first time they are now playing and we are rivals. i cannot talk about classified information on tv. things like stinger missiles are very problematic and we do everything we can to keep track of them. muammar gaddafi stockpiles of weapons, surface- to-air missiles and we're doing everything to track those down and secure them.
% interest rates gas lines, stagflation in 1888 different president. ronald reagan inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. incentive jacking up taxes, he slashed taxes. instead of exploding spending on the debt, he restrain the growth of spending and instead of unleashing the the regulators, by the way, what i think the regulators i can't help think of mr. burns saying release the hounds. [laughter] instead of releasing the hounds of regulators and small businesses a notch when there is, reagan limited regulation and the result was one of the most extraordinary burst of economic proactivity our nation has ever seen. the fourth-year regulation precisely corresponds to write here, the fourth year of obama's president be. anyone know what gdp growth was in 1984? 7.2%. our ideas work, their ideas don't. if you want growth, if you want jobs, if you want 23 million people struggling to find to get jobs, the answer is that the unique growth. they simplify the tax burden, reduce regulations and punching small businesses a notch for view
Search Results 0 to 2 of about 3